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Re: Ace Hanlon post# 30943

Tuesday, 10/01/2002 4:31:23 PM

Tuesday, October 01, 2002 4:31:23 PM

Post# of 704047
George, Sandspring uses e-waves and little else to come up with their targets. I have found them often times out of synch with market realities. I've also found them to be spot on at other times.

They admitted they were wrong when they said the bottom would be SPX 930 or something in July. They took 2-weeks off and apologized.

I would read them anecdotally, but I wouldn't read too much into that.

Vess, who's one of the best out there in reading and interpreting indicators was believing the low in May was the Low, and was looking for a rally to 2800 from that point (the C to go with the 1387-2099 A).

I know you read several folks, so you're not apt to get pulled the wrong way.

That said, I'm glad your QQQ is now back in the money <G>.


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